What Entries come under Bank OCC A/c. & Bank OD A/c. ?
- 8 Answers
- 52445 Views
- State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / satyanarayana raju
Bank OCC-Open Cash Credit
Bank Od-Over draft
Both are loan accounts
Always Bank OCC or OD accounts shows Credit Balance
Bank current account will always show Debit Balance
You will come across Interest on loan account in Loan
account and where as you will not find such entry
| Is This Answer Correct ? | 160 Yes | 12 No |
Post New Answer View All Answers
difference between office expense and miscelleanous expense with some examples
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
what is contigent liabilities? whats it status in balance sheet?
what is difference between account and accounting
You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
Expand---------NPTO
recently release the 6.0 version not succede in the market why?
sort out the difference between service provider & service reciepient from the service tax.
Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.
My name is Tasha actually I had put my file for Australia PR on basis of Hairdresser, and I have shown my qualification of 10th passed, but I done my B.Com with Accountancy, and presently I am working as Accountant,Now I want to put up my file for Australia Student is it possible, and my age is 36 yrs, I had already given my IELTS (Academic) and I have scored 6 bands, but its period has been expired,please give me some answer what to do next.
Expand MNS
bill to addres? ship to addres? rimit to address?
Which Exchange determine Foreign ?
Examples of automatic generated content material of car logbook loans?
Expand-------URM
